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April 26, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Craig, Business Loans > First National Bank - Rockies Craig Business Loans > Theater Companies And Dinner Theaters Loan | ||||
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Raising Money in Craig, Colorado With SBA Loans
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Theater Companies and Dinner Theaters Commercial LoansLooking for commercial loans for theater companies and dinner theaters? Talk to a banker who works with the SBA. This $220,000 theater companies and dinner theaters loan was issued by a Colorado bank. This business knew how to go about getting a business bank loan. Based in Craig, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First National Bank - Rockies, based in Craig, Colorado. SBA Loan Borrower COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS SBA Loan Lender FIRST NATIONAL BANK - ROCKIES The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711110 - Theater Companies and Dinner Theaters Loan Approval Date 2/26/2004 Loan Approval Gross Amount $220,000 Loan Approval from the SBA Of the total $220,000 loan amount, the SBA guaranteed $165,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you want money for new small business in Craig CO, you ought to talk with a local Craig SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Craig businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $220,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Where to Get an SBA Loan Colorado
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